Irish retail search startup is acquired by Google

Irish retail search startup is acquired by Google

Dublin retail technology company Pointy has been acquired by tech giant Google.

Pointy provides smaller retailers with an electronic box that connects to their barcode scanners that make their product listings appear in Google searches.

It helps such stores get found by people who are doing searches for products in their location without having to make a large e-commerce investment.

The company was founded in 2014 by Mark Cummins and Charles Bibby.

Google or Pointy did not disclose the value of the deal, which is expected to close in the coming weeks. However, a venture capitalist in London, Rob Moffatt congratulated Pointy of their "$160m exit to Google".

Pointy said they have developed a close relationship with Google in recent years.

The last six years have been an incredible adventure, and today marks the start of a new chapter. From small beginnings, we’re very proud to serve local retailers in almost every city and every town in the US and throughout Ireland.

"Many incredibly talented people have joined our team, we’ve received the backing of an amazing group of investors, and formed some fantastic partnerships. It is a great pleasure to work on something that helps local businesses in towns and cities everywhere.

Pointy said that by joining forces, they will be able to help people discover local stores and products on a much larger scale. 

"We think this is the right way to accomplish what we set out to do – to bring the world’s retailers online and give them the tools they need to thrive," they said in a blog post.

In a statement, Google said they have long been committed to helping small businesses grow and thrive in the online world.

"Since we introduced this functionality a few years ago, Pointy has been one of our key partners, helping thousands of local merchants display this data within Google.

We’re looking forward to working with Pointy to help even more local retailers bring their product inventory online."

More on this topic

Whiddy oil terminal owner to put the strategic facility up for saleWhiddy oil terminal owner to put the strategic facility up for sale

Grafton shares jump as crash-out Brexit threat liftsGrafton shares jump as crash-out Brexit threat lifts

Boris Johnson: British Government working very hard on Flybe rescueBoris Johnson: British Government working very hard on Flybe rescue

Savills boost as property firm taps UK market gainsSavills boost as property firm taps UK market gains

More in this Section

Sajid Javid issues post-Brexit warning to business leadersSajid Javid issues post-Brexit warning to business leaders

Markets jump despite fresh US-China concernsMarkets jump despite fresh US-China concerns

Alexa privacy fears prompt action from EU data chiefAlexa privacy fears prompt action from EU data chief

Wicklow County Council puts brakes on Seán FitzPatrick's Greystones house-build planWicklow County Council puts brakes on Seán FitzPatrick's Greystones house-build plan


Lifestyle

The actor knows how to impress when it comes to high profile events.6 times Katie Holmes wowed on the red carpet

Glamour, fun and feathers all feature in this year’s hottest looks – but first and foremost, individual style rules.10 on-trend ways to transform your home in 2020

Abi Jackson shares the enduring appeal of Pooh Bear’s wisdom on Winnie-the-Pooh Day – author A.A. Milne’s birthday.Winnie-the-Pooh Day: The wellbeing lessons we can learn from Pooh Bear

We asked three experts for the low-down on shampooing frequency.How often should you really wash your hair?

More From The Irish Examiner